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Dec 8, 2012
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it is research on new energy sources. entrepreneurs come out of these kinds of things where we seem basic research funded by the government that we take for granted. if you keep cutting that, even research and development tax credits -- they benefit companies such as doing it anyway. if we want to do it seriously, we have to say this is something you can count on. >> let me come back to the entitlement issue. the democratic side of the debate. 1969, the federal government keeps track of the total of spending that goes to investment in research and development, infrastructure, education training. in 1969, 31.3% of the federal government went to those things. 40 years later, 15.6% of the federal government is half. payment to individuals has doubled. from a democratic perspective, can you sustain the programs that are critical to investing in the next generation, whether it is education or science, without finding ways to control the growth of entitlement spending more than the affordable care act? >> we have quite a democr
it is research on new energy sources. entrepreneurs come out of these kinds of things where we seem basic research funded by the government that we take for granted. if you keep cutting that, even research and development tax credits -- they benefit companies such as doing it anyway. if we want to do it seriously, we have to say this is something you can count on. >> let me come back to the entitlement issue. the democratic side of the debate. 1969, the federal government keeps track of...
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Dec 13, 2012
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that would mean a $148 million cut to the department of energy's energy efficiency and renewable energy program alone. these cuts would tremendously damage our ability to develop the clean energy technologies of tomorrow, technologies that lead to not only lower energy bills for our constituents but also to new businesses and middle-class jobs. i see it every day in my congressional district where cutting edge companies like launch point technologies can transform and use federal funding to develop new exciting ideas that would otherwise lange wish on the drawing board -- languish on the drawing board. the threat of the fiscal cliff is real. we need to come together and pass a balanced package that continues building for a clean energy future. i yield back the balance of my time. the speaker pro tempore: the chair lays before the house an enrolled bill. the clerk: h.r. h.r. 2467, an act to take serl federal lands in mono county, california, into trust for the benefit of the bridgeport indian colony. the speaker pro tempore: pursuant to clause 8 of rule 20, the chair will postpone furthe
that would mean a $148 million cut to the department of energy's energy efficiency and renewable energy program alone. these cuts would tremendously damage our ability to develop the clean energy technologies of tomorrow, technologies that lead to not only lower energy bills for our constituents but also to new businesses and middle-class jobs. i see it every day in my congressional district where cutting edge companies like launch point technologies can transform and use federal funding to...
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Dec 12, 2012
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it actually does count energy costs and things like that. however, there is a big discussion among a lot of the advocacy groups who do not to think it truly reflects the cost increase that singers have to pay period i. when the government of the calculation, they take a large basket of items every month and a measure how much prices change. energy, housing, education, transportation, all kinds of things, health care. and there is concern that health care may be is not as big a part of that calculation as it should be, especially for older americans, because older americans may not spend much on education or spend as much on daily transportation, but they probably spend more money on health care each year that other folks do. health-care costs have traditionally gone up higher than inflation every year. so there's some concern it does not truly reflect their cost of living increase each year. host: we're talking about how social security factors into the fiscal cliff. c-span has part of our website set up specifically for the fiscal cliff. we
it actually does count energy costs and things like that. however, there is a big discussion among a lot of the advocacy groups who do not to think it truly reflects the cost increase that singers have to pay period i. when the government of the calculation, they take a large basket of items every month and a measure how much prices change. energy, housing, education, transportation, all kinds of things, health care. and there is concern that health care may be is not as big a part of that...
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Dec 13, 2012
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i hope we do more on energy issues across the board. and finally, i think making sure the united states remains competitive in what will be as the world economy recovers, which we hope it will, we have to invest in our people, education, our science. other countries are copying the model we used and made very successful. we need to do immigration reform and make sure the u.s. is competitive. >> jackie? >> i wanted to ask about several areas where the democrats leverage might not be so great. on c.p.i. and the medicare retirement age. how does the president say no to those when we came to know in july 2011 when he was negotiating with the speaker he agreed to both of those in exchange to higher revenues. the second one would be on the state tax but the democrats are split on that. i'm curious as to what -- ok, medicare age and c.p.i., the state tax and the payroll tax or its quev. i wound what the equivalent is. >> on the payroll tax cut or its equivalent. as you know in the december 2010 tax discussions, we agreed that we would replace
i hope we do more on energy issues across the board. and finally, i think making sure the united states remains competitive in what will be as the world economy recovers, which we hope it will, we have to invest in our people, education, our science. other countries are copying the model we used and made very successful. we need to do immigration reform and make sure the u.s. is competitive. >> jackie? >> i wanted to ask about several areas where the democrats leverage might not be...
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Dec 8, 2012
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it is medical research, research on new energy sources. entrepreneurs come out of these kinds of advances where we see basic research funded by the government that we take for granted. if we keep cutting that and not being sure about it, even r&d tax credits. doing them retroactively benefits companies that we are doing it anyway or took a chance. we have to make it permanent. we have to say, this is something you can count on. we have to figure out how to do it. >> on entitlements, from a democratic side, in 1969, the federal government keeps track of the total share of spending that goes into investment in research and development, infrastructure, education, and training. 31.2% of the federal government was devoted to investment. 31.2% were payment to individuals. today, 50.6% of the government is investment and payment to individuals -- double what it was. from a democratic perspective, can you sustain the programs that democrats see as critical for investing in the next generation without finding ways in a graying society to control th
it is medical research, research on new energy sources. entrepreneurs come out of these kinds of advances where we see basic research funded by the government that we take for granted. if we keep cutting that and not being sure about it, even r&d tax credits. doing them retroactively benefits companies that we are doing it anyway or took a chance. we have to make it permanent. we have to say, this is something you can count on. we have to figure out how to do it. >> on entitlements,...
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Dec 6, 2012
12/12
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the president could open up more federal lands and offshore areas for energy exploration. his administration could take a more balanced approach to new regulations. economic growth can help solve our fiscal problems if the economy had grown at the percentage as it has done in the past. the treasury could have collected an additional 650 billion dollars in fiscal year 2012. the deficit that would have fallen. still bad, but remarkably better than where we find ourselves today. republicans stand ready to work with president obama for a balanced and bipartisan solution. so far, no evidence of that. let's create a long-term solution that does not burden individuals and gives businesses optimism to go forward and invest in the american economy. then the economy can grow for all citizens. i look forward to the testimony of our witnesses. >> thank you. i will introduce our two witnesses. dr. zandi is the chief economist at moody's analytics. he looks at macro racquets and public policy. he is the influential source of policymakers and businesses and journalists. recently he publi
the president could open up more federal lands and offshore areas for energy exploration. his administration could take a more balanced approach to new regulations. economic growth can help solve our fiscal problems if the economy had grown at the percentage as it has done in the past. the treasury could have collected an additional 650 billion dollars in fiscal year 2012. the deficit that would have fallen. still bad, but remarkably better than where we find ourselves today. republicans stand...
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Dec 12, 2012
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look, we heard from the ranking member of the energy and commerce committee that the f.d.a. had deemed the active pharmaceutical ingredient in primatene mist to be dangerous. what is the active ingredient in primatene mist? it's epinephrine. we heard from the gentlelady from florida that a product in her district was a good product and was available. what's the active pharmaceutical ingredient in there? epinephrine. the difference is the propelent which is the object of our discussion here today. now, i will tell you as an yazz -- asthmatic patient, i will just tell you, the replacement propelent that is available in albutte roll inhalers does -- albuter ol inhalers does not -- go to the facebook page who one after the other will delineate why c.f.c. worked for them when h.f.a. containing products does not. what about epinephrine, there is an ultrasonic nebraska lieser. a unique approach that frankly i welcome. let me stress, madam speaker, although this product, epinephrine, is available without a prescription, it's not generally available over the counter. and i know this
look, we heard from the ranking member of the energy and commerce committee that the f.d.a. had deemed the active pharmaceutical ingredient in primatene mist to be dangerous. what is the active ingredient in primatene mist? it's epinephrine. we heard from the gentlelady from florida that a product in her district was a good product and was available. what's the active pharmaceutical ingredient in there? epinephrine. the difference is the propelent which is the object of our discussion here...
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Dec 12, 2012
12/12
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we could go without access to energy sources -- open up access to energy sources. the new revenues must not be used for more spending and used to reduce the deficit. how we would lock that in my past experiments have been rather a failure, i do not have the solution to. it is important to note there are revenues that are acceptable to conservatives. that leads me to the other point. our long-term issue really is the spending issue. to the extent we have tax revenues low today, not because of the rates, because the economy is underperforming. the economy is quite weak right now. we should see much stronger growth and unemployment much lower. we want to see policies put in place that strengthen the economy and also begin to tackle this longer term spending issue we have driven primarily through entitlements. when it comes to those, there are a number of very broad, bipartisan support of the recommendations easily available to the president and speaker boehner and other leaders want to come together and get serious about making a down payment on our fiscal future. tha
we could go without access to energy sources -- open up access to energy sources. the new revenues must not be used for more spending and used to reduce the deficit. how we would lock that in my past experiments have been rather a failure, i do not have the solution to. it is important to note there are revenues that are acceptable to conservatives. that leads me to the other point. our long-term issue really is the spending issue. to the extent we have tax revenues low today, not because of...
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Dec 12, 2012
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years and been a role model for me being on the ways and means committee and the house committee in energy and commerce. thank you for your service and friendship. it is hard to go through this list. mr. miller, this is a wonderful privilege to say thank you, the countless hours that you could add up for the service to constituents and the tremendous leadership within this body and these members who have given their all and will not be back at the 113th. it's important to say their names and to honor them and give them credit for what they have done. joe baca has been a fixture for the central valley and agriculture, someone who has agriculture number one in my district as well. but there is much to remember joe baca for and his contributions in agriculture and the financial services committee as well. my colleague, former colleague, bob filner, who has already assumed another position within our government, as mayor of san diego. i think of bob filner and i think of veterans' issues and he was a college professor before he came to congress, as my husband was and reached out to each other
years and been a role model for me being on the ways and means committee and the house committee in energy and commerce. thank you for your service and friendship. it is hard to go through this list. mr. miller, this is a wonderful privilege to say thank you, the countless hours that you could add up for the service to constituents and the tremendous leadership within this body and these members who have given their all and will not be back at the 113th. it's important to say their names and to...
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Dec 5, 2012
12/12
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if that isn't enough, the energy from them recycles gear. it doesn't cost the fishermen anything to dispose of this gear and that's why it's such a successful program. this small federal investment results in huge cost savings. marine debris is much larger and a growing problem. with disasters in japan last year and the recent storms like sandy, cleaning up debrises requires both resources and coordination between agencies and states. while i commend the bipartisan support and leadership of my colleagues to get this bill to the president, i'm disappointed that the program's authorization has not been extended. i will continue to work for permanent re-authorization of the marine debris program because it is a critical for program development in coastal communities. i urge my colleagues to support this bill which has bipartisan, bicameral compromise. i thank chairman mica, chairman hastings and ranking member rahall, ranking member markey for their leadership in bringing my bill, h. 1171, to the floor for passage out of the house. and chairman
if that isn't enough, the energy from them recycles gear. it doesn't cost the fishermen anything to dispose of this gear and that's why it's such a successful program. this small federal investment results in huge cost savings. marine debris is much larger and a growing problem. with disasters in japan last year and the recent storms like sandy, cleaning up debrises requires both resources and coordination between agencies and states. while i commend the bipartisan support and leadership of my...